Angela Smith
Christian Park area for rental ownership
19 August 2019 | 9 replies
This neighborhood was chosen by the Mayors action committee for the Keep Indianapolis Beautiful campaign.
Scott Choppin
Submit your development deal for review and analyses
3 July 2018 | 31 replies
makes our loan packages zing through loan committee..
Derek Mizysak
Question about my accepted short sale offer...
30 November 2017 | 22 replies
Im a stickler for the rules though for a few reasons....BP gives me a very public presence....Ive served on my boards grievance/ethics committee...and my broker is the chairman of the state real estate commission.
Keith Shackleford
HOA issues with a rental
22 April 2018 | 6 replies
Then I would request to be placed on the agenda and I would attend the next board meeting (hopefully with other landlord / owners) and formally request that they waive the record keeping fee or publicly offer to volunteer as a "landlord" committee to keep track of the info for them for free.
Yonah Weiss
100% Bonus Depreciation following up the recent podcast
22 March 2020 | 33 replies
@Hiro Kitagawa, qualified improvement property has become a bit more interesting than your CPA made it out to be.Now, there is in fact a category for owners of non-residential real property called qualified improvement property (QIP) that as of 1/1/18 replaced the old qualified improvement property (yes, same), qualified leasehold improvement, qualified retail improvement, and qualified restaurant property classification rules, as well as includes some property that would not have fallen into those buckets previously.The committee reports indicated that QIP placed in service on or after 1/1/18 would be eligible for a 15-year depreciable life as well as bonus depreciation rather than the standard 39-year, non-bonus eligible method applied to non-residential real property.However, the law was not drafted correctly, i.e., there was a technical error, and the section of the tax code describing 15-year property (Section 168(e)(3)(E)) was in fact not amended to include qualified improvement property.So for now, strictly-speaking, in 2018, qualified improvement property is regular old 39-year property that is not eligible for bonus depreciation.We do expect that a technical correction to the law will be made, but for now the IRS has actually stated that it cannot guarantee that absent legislative correction it will accept the legislatively intended change in recovery period and bonus eligibility.Anyway, this is neither here nor there since you have stated you are a landlord of residential rental property rather than non-residential real estate.And this does not affect the application of 100% bonus depreciation to both qualifying new and used property place in service after 9/27/17 and before 1/1/23 that @Yonah Weiss pointed out.
Dustin Frank
How to take advantage of a Multifamily development opportunity?
23 April 2018 | 21 replies
The owner is a committee who will vote on any offer made.
Shauntice Shephard
Is anyone in the DMV (DC, Maryland, Virginia) area?
6 September 2021 | 35 replies
I've tried a couple of the local REIAs but find that I like the BP committee better.
Account Closed
Government mandated solar panels.
12 May 2018 | 23 replies
This plus SB 827 dying in committee don't bode well for any sort of supply side fix to the issue.
Nathan Gesner
HOA Management Software???
8 December 2020 | 9 replies
Condo Ally: another solution with a pretty dated site design/UI, but a decent focus on day-day HOA management, from bulk member emails/postal letters, document storage, event calendar, resident directory, maintenance requests, member polling, financials, committees, vendors, and discussion forums.
David Ivy
Texas Supreme Court Sides with STR Owners
31 May 2018 | 15 replies
You can see a Texas Tribune article about the recent ruling.A bill to block cities from heavily regulating short-term rentals made it through the Texas Senate during the last legislative session, but it died in committee in the Texas House.